Prior studies of means-testing in college financial aid formulas have analyzed the disincentives to save attributable to the inclusion of assets in the formulas. Such disincentives are only half of a standard incentives--insurance trade-off. When income is uncertain, a financial aid formula that conditions aid on assets and income provides…

The models used for funding universities today do not serve students, institutions, or states' labor market needs. Any model should include three principles: (1) Efficiency; (2) Transparency; and (3) Stability. As of today, there is not a single state successfully implementing all three principles in its funding systems. Most would be hard-pressed…

LG Futures, The University of Huddersfield and the University of Plymouth were commissioned by the Ministry of Housing, Communities and Local Government (MHCLG) and the Department for Education (DfE) to develop a new model to show relative need to spend on Children and Young People's Services across local authorities in England. This formed part…

This research update from Research for Action's PACER project revisits and expands on prior analyses of fund balances across Pennsylvania's public education sectors using the most recent 2023-24 data. The findings show that cyber charter schools continue to grow per-pupil fund balances at a much faster rate than school districts or…

Amidst chronic disparities in per-student resources, how best to construct funding formulas to equitably fund colleges and universities is an enduring policy concern. This brief focuses on a historically overlooked financial mechanism, categorical funding, to examine its role in funding (in)equity. Leveraging illustrative data from four…

In most states across the country, public K-12 enrollment is declining. This is a decade-long, national trend that accelerated with the onset of the COVID-19 pandemic and is projected to continue. Although enrollment decline varies substantially among and within states, many states have put temporary or permanent policies in place to address the…

Physical education has the potential to achieve the desired outcomes of alternative provision schooling by re-engaging young people in learning, supporting their social and emotional development and facilitating their reintegration into mainstream schooling. To do so, however, it requires sufficient and appropriate space because, unlike other…

The distribution of state funding to school districts has a tremendous impact on student learning opportunities. State leaders juggle different priorities, tradeoffs and incentives when designing funding formulas with the goal of ensuring every student has the learning opportunities to succeed. This toolkit offers a strategic guide for reforming…

The financial and economic environment in which Canadian universities operate has evolved in the last two decades, which include the 2008/2009 recession, the COVID-19 pandemic and the increased reliance on international student tuition fees as a source of revenue. Financial data from the Financial Information of Universities Survey (FINUNI) can…

The COVID-19 pandemic profoundly disrupted educational opportunities for English learner-designated (EL) students. To address these disruptions districts across the nation received unprecedented levels of federal and state funding. This study examines how California school districts responded to challenges faced by EL-designated students in the…

The Elementary and Secondary Education Act (ESEA), most recently comprehensively amended by the Every Student Succeeds Act (ESSA; P.L. 114-95), is the primary source of federal aid to support elementary and secondary education. The Title I-A program is the largest grant program authorized under the ESEA and was funded at $18.4 billion for FY2023.…

This article explores the strategic external funding goals and plans of action of Finnish universities of applied sciences (UASs) as articulated in their institutional strategies using the ecology-of-games metaphor. UASs are pressured to expand external funding sources compared to their previous student number-based funding history. The UASs'…

The State of the States in Gifted Education report is a biennial report that has been published by the Council of State Directors of Programs for the Gifted since 1985. The current study examines financial data from these reports relating to the funding of gifted and talented education (GATE) by state-level funding authorities descriptively. We…

Policymakers commonly assert that Broad Access Institutions (BAIs) cannot be "all things to all people" when cutting their funding. BAIs were founded with comprehensive missions to generate postsecondary access through low barriers for admission and affordable tuition and promote student-centeredness through institutional foci on…

In the United States, K-12 school finance is largely controlled by the states. Every year, hundreds of billions of dollars in public funds are distributed based on 51 different configurations of formulas, rules, and regulations to over 13,000 districts that vary in terms of the students they serve, their ability to raise revenue locally, and many…